A series of layoffs have been announced across multiple sectors in the United States and internationally, affecting companies in technology, healthcare, finance, retail, and entertainment. In California, Boundless Bio, a clinical-stage biotech company, is laying off 33% of its workforce at its San Diego headquarters following setbacks in its lead program. Hewlett Packard Enterprise laid off 89 employees in San Jose on May 2, 2025, and Niantic, now pivoting to geospatial AI, laid off 5 employees in San Francisco on May 10, 2025. NBCUniversal Media will lay off a total of 54 employees at Universal City on June 27, 2025. AAPC Lounge Services will lay off 130 employees at 380 World Way, Los Angeles, on July 21, 2025. Six Flags Entertainment Corporation is cutting 140 jobs at multiple California locations, including 56 at Magic Mountain and 65 at 8039 Beach Boulevard, as part of a broader reduction of 135 jobs across its California parks. The layoffs follow the company's $8 billion merger with Cedar Fair and a shift to a regional operating structure, with a planned 10% staff reduction and the elimination of park president positions. Six Flags reported a net loss of $220 million in the first quarter of 2025. In other states, Connexus Credit Union in Wisconsin laid off 60 employees on May 21, 2025, bringing total layoffs since November to 94. In North Carolina, fintech company nCino cut 7% of its global workforce on May 14, 2025. PeaceHealth, a nonprofit health system in Oregon, Washington, and Alaska, will lay off 1% of its workforce and implement a hiring freeze through the end of 2025. In New York, Morgan Stanley will lay off 230 employees across seven offices, Rite Aid will shut down and lay off about 1,800 employees at multiple locations on June 4, 2025, and Cardionet, an affiliate of Philips North America, is shutting down and laying off 85 employees at 175 Pinelawn Road, Melville, on June 30, 2025. Eaglestone Holdings and affiliates have also laid off 6 employees in New York. Runyon Saltzman, a Sacramento-based advertising agency, recently laid off an undisclosed number of employees. Elsewhere, Pact will lay off 72 employees in Washington, D.C. on June 24, 2025, Walmart will cut 187 jobs in Hoboken, New Jersey on August 22, 2025, and Demar Direct, Inc. will lay off 86 employees in Lombard, Illinois. Otipy, a grocery subscription startup in India, shut down operations and laid off around 300 employees in Delhi-NCR and Mumbai on May 6, 2025. In the biotech sector, Prothena is planning substantial layoffs after abandoning its lead drug birtamimab, with its stock ($PRTA) down 30%. AbbVie's Allergan Aesthetics unit is planning 202 layoffs after a recent sales decline. Meanwhile, the restaurant industry is expected to add 490,000 jobs for the summer of 2025, an increase over last year but below pre-pandemic levels. States projected to add the most restaurant jobs include New York, California, and New Jersey.